UPDATED:
Key Details
Property Type Multi-Family
Sub Type Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 9,318 sqft
Price per Sqft $42
Subdivision Southeast Quadrant
MLS Listing ID R1707768
Bedrooms 3
Construction Status Existing
HOA Y/N No
Year Built 1930
Annual Tax Amount $15,582
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 82X165
Property Sub-Type Rooming House
Property Description
Situated on a spacious corner lot just one block from the SUNY Brockport campus, this impressive 9,318 sq. ft. multi-family mansion offers exceptional cash flow and a prime location in the heart of the Village. Located at 167 Main Street (corner of South Street), this landmark property features four separate, tenant-occupied units designed for steady, high-return rental income.
Property Highlights:
Proven Cash Flow: Generates $92,280 in annual gross income with a strong net operating income of approximately $54,418.
Flexible Layout: Features four distinct units, including a massive 8-bedroom layout (UP) and three additional 1-to-3-bedroom apartments (DOWN), accommodating up to 15 total tenants.
Prime Location: Just steps from the university campus, public transportation, and downtown village amenities, ensuring consistent and lasting tenant demand.
Key Upgrades & Features: Separate utilities (13 electric meters, 4 gas meters, multi-zone heating), covered porches, high-speed internet availability, full basement, and ample off-street parking.
Whether expanding an existing portfolio or acquiring a centerpiece multi-family asset in Monroe County, this turnkey money-maker delivers size, location, and reliable returns.This is one the most amazing properties in Brockport! It's a Tremendous Money Maker! Showings start Monday, August 17th at 12:Noon. Negotiations will commence on August 24th at 12:Noon. All offers must have a current and verifiable proof of funds or appropriate financing and should be good for at least 24 hours.
Location
State NY
County Monroe
Community Southeast Quadrant
Area Brockport Village-Sweden-265201
Direction Located on the Southeast corner of Main at South Street. Plenty of off-street parking!
Rooms
Basement Exterior Entry, Full, Walk-Up Access
Interior
Interior Features Entrance Foyer, Bedroom on Main Level
Heating Electric, Gas, Other, See Remarks, Zoned, Baseboard, Forced Air, Multiple Heating Units
Cooling Other, See Remarks, Zoned
Flooring Hardwood, Laminate, Varies
Fireplace No
Window Features Thermal Windows
Appliance Electric Oven, Electric Range, Gas Water Heater, Refrigerator
Exterior
Exterior Feature Blacktop Driveway
Community Features None
Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Rolled/Hot Mop
Handicap Access Accessible Bedroom
Porch Covered, Porch
Building
Lot Description Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Aluminum Siding,Blown-In Insulation
Construction Status Existing
Schools
School District Brockport
Others
Senior Community No
Tax ID 265201-068-680-0002-021
Acceptable Financing Assumable, Cash, Conventional, Lender Approval
Listing Terms Assumable, Cash, Conventional, Lender Approval
Special Listing Condition Standard
Nearby School & Business
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Derek Petrone
Licensed Real Estate Salesperson | License ID: 10401337235
Licensed Real Estate Salesperson License ID: 10401337235